Microsoft Blocks Bitcoin Payments For Windows 10

Michael Moore joined TechWeek Europe in January 2014 as a trainee before graduating to Reporter later that year. He covers a wide range of topics, including but not limited to mobile devices, wearable tech, the Internet of Things, and financial technology.

This is despite Microsoft previously giving its backing to Bitcoin technology as far back as December 2014, when it first began accepting payment using the cryptocurrency thanks to a partnership with processing firm Bitpay.

The company noted that this new ruling also applies to Windows 10 and Windows 10 Mobile, but did not specific if other platforms are affected, as Xbox users have reported still be able to access their balance.

Bitcoin is still supported by many other major technology companies, who see the currency as offering a viable alternative to traditional forms of payment. Most recently, gaming platform Steam announced its support, also via Bitpay.

When it comes to everyday use, Barclays has previously announced that it would be supporting research into using Bitcoin in the UK as part of a major investment in burgeoning technology firms.

Last year, it was also reported that the NASDAQ stock exchange was also evaluating blockchain, the underlying technology behind Bitcoin, in order to see if it could be used in trading of shares in private companies.

Bank of England is absolutely right – but worse untraceable currency are dangerous, it allows criminals to commit crimes and get paid for them with out fear of being traced – Think ransomware only succeeds because of bitcoins and the like.

Given the volatility of the currency probably not a good investment bet anyway for a pension!